Getting inventory management just right is essential for keeping your small business competitive. Having enough items in stock to satisfy demand helps you boost sales, but inventory can also take up a lot of space. It can also get lost, stolen, or even spoil, depending on the product in question, so it’s essential to keep … Read moreInventory Management Can Make or Break a Small Business
Increasingly high consumer expectations have led to the need for better inventory control. Consumers expect what they want to be in stock and be delivered quickly, on time, and for free. How can multichannel operations keep up? With automated inventory management software, of course! A recent article from Retail Logistics International, by Greg Henry, vice … Read moreImprove Multichannel with Better Inventory Control
One of those unpleasant, but very necessary, tasks that all businesses must deal with is inventory management. Any small business that has lost a customer because items were out of stock, or lost money because of excess stock, understands just how essential sound inventory management is. When inventory management is done correctly, a business will … Read moreMaking Small Business Inventory Management Work
When companies sell goods to customers, a supply chain is involved that impacts all aspects of the business. Many people believe that supply chain management is nothing more than supplier management. While this is indeed a big part of the job, there is actually a lot more to it than that. Supplier management entails negotiating … Read moreWhat Elements Make up Supply Chain Management?